Commodities Finance | Structuring ‘Export Prepayments’ in Brazil: 4 Insights for Foreign Banks, Funds, and Trading Companies
Export Prepayment transactions are widely entered into by medium- and large-sized Brazilian exporters and funded by foreign banks, funds, and trading companies, as lenders, to advance proceeds of export. Also known as ‘Pré-Pagamento de Exportação’ (PPE), this transaction aim to finance a portion of the massive volume of Brazilian exports,